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Business
March 22, 2022
Stats Perform Extended Its Agreement with the Chinese Super League
AI-powered sports data and analytics company Stats Perform has reiterated its commitment to the Chinese Super League by inking a multi-year extension to its data agreement with the federation. Stats Perform Extends Its Agreement with the CSL As per the deal, Stats Perform will continue working as the official event and tracking data provider for […]
Legal
February 21, 2022
Fraudsters Use Metaverse Scams, Authorities in China Warn
Last week, the Banking and Insurance Regulatory Commission in China released a reminder urging the public to beware of illegal fundraising in the name of the metaverse. China Warns of Illegal Metaverse Fundraising Dangers Metaverse is a 3D virtual reality space that users can access via virtual reality (VR) goggles to connect, play, learn and […]
Industry
February 17, 2022
China Promises to Continue Crackdown on Chinese Gamblers
China continues to believe that oppression is the best form of government expression. According to China’s Ministry of Public Security, the authorities in China had achieved success in halting cross-border gambling activities in 2021 and will continue this policy this year. The country will do this by continuing its practice of blacklisting overseas institutions or […]
Industry
January 10, 2022
China Tackles 17,000 Cases of Cross-Border Gambling in 2021
China’s Ministry of Public Security has revealed the numbers of illegal cross-border gambling in 2021, arguing that enforcement officers have detected and addressed 17,000 instances of such breaches. China has been a hardliner against cross-border gambling, focusing on junket operators in the special administrative region of Macau and issuing a stern warning to foreign governments to clamp […]
Business
November 30, 2021
Suncity Denies iGaming Involvement as Alvin Chau Investigation Expands
The saga involving Alvin Chau and Suncity Group, the company that he turned into the largest junket operator in the world, is only getting started. As investigations continue in China and Macau, and possibly elsewhere, there’s no telling how deep the impact will be. For its part, Suncity denies all of the allegations, although convincing […]
Business
November 29, 2021
Suncity Boss Alvin Chau Arrested; Fallout Could Hit All Junkets
Alvin Chau, Suncity’s boss, has been detained in Macau, the world’s richest gambling market. The Wenzhou government has requested Chau’s extradition in order to face a string of criminal charges in Zhejiang. The government claims that Chau orchestrated a cross-border illegal gambling syndicate and warranted issuing an order for his arrest this week. Alvin Chau […]
Sports
November 12, 2021
Chinese Gambler Apprehended after Defrauding Overseas Sportsbooks
Chinese police continue to put the crackdown on illegal gambling operations in the country. The latest news comes from Wenzhou Evening News, a local media outlet in the city of Wenzhou in the Zhejiang Province, home of nine million people and, apparently, one criminal organization that has been exploring a legal loophole to run sports […]
Casino
November 8, 2021
China Busts $250M Illegal Gambling Junket Operator
Chinese authorities continue to pursue action against illegal gambling. With China prohibiting all forms of games of chance and pursuing wrongdoers overseas, anything but the National Lottery is illegal. In the latest move, authorities in the Heilongjiang and Jilin provinces have busted a criminal operation that offered junket services and flew Chinese high rollers to […]
Industry
September 22, 2021
Cambodian-Chinese Operation Ends with Gambling and Crypto Busts
Chinese authorities continue to work with their overseas counterpart in a bid to clamp down on illegal casinos that target nationals. A police raid in Cambodia’s capital last week ended up with a brief shootout and 200 people apprehended. Police Raid in Phnom Penh Results in 200 Arrests Illegal activities, including gambling, continue to thrive […]
Business
September 17, 2021
Chinese Firm Eyeing the US Gaming Market Adds to MaximBet Investment
MaximBet is on a roll. It has quickly added new states to its betting portfolio and doesn’t plan on slowing down anytime soon. Supporting its efforts is a Chinese company, ZK International Group, which just gave the company another injection worth $10 million. Further investments could be coming if MaximBet stays on track with its […]